Arguably the fundamental review of the trading book is one of the largest regulatory overhauls impacting market risk in the last decade. FRTB is set to revise the trading book and banking book boundary whilst creating more detailed and consistent standards across the industry. For many financial institutions FRTB has been and continues to be a major focal point. A project of this scale and scope requires careful attention and consideration, however as we inch ever closer to full implementation m

marcus evans will host the 2^nd Post Merger & Acquisition Integration Conference, November 29-30, 2017 in San Francisco, CA. The two day conference will provide M&A professionals the chance to speak about trends in the industry, developing and achieving synergies, mitigating legal and financial risks, and how to effectively implement cultural integration. This event will allow you to create actionable strategies and processes that will examine a merger lifecycle, encourage employee productivity a

It’s funny how everyone wants a great strategy but not everybody wants to deal with the risk of achieving the strategy. I think it is because the following statement is true:

“Risk management is good management.”

Hence most of us will think and sometimes say, “Doing my job is managing risk”. And most of us think we are doing our job pretty well so there’s no need to change, right?

The answer you are most likely to give me is that “We can always get better”. So why do so many people not spend some t

As the CEO of a risk management company, I think critically about data breaches all the time. Every day we are working to make sure our clients have the means to protect themselves, their customers, their employees, and their communities. We help them manage all kinds of risks: competition, goal achievement, vendors, regulation changes, and of course, data theft.

In the recent Equifax data breach, hackers gained access to 143 million consumer names, addresses, Social Security numbers, birth dates

This article is contributed by William G Ferrell, CIO of Ferrell Capital Management and the author of a new course on Global Risk Academy - "From Asset Allocation To Risk Allocation" 

Risk Allocation - In Concert with the Markets

Since Harry Markowitz introduced Modern Portfolio Theory in 1952, Asset Allocation has been accepted as the standard for investment portfolio construction.  Managers make risk and return forecasts for categories of investments and combine them to make the most efficien

Now that vacation time is over in the Northern Hemisphere. Did you relax? Unwind? Clear your mind?

Well I sure hope so because the cyber predators have been setting new clickable traps, and sending devious emails to greet you on your return. Also, in your absence cyber predators continued to launch millions of attacks daily across the globe. And many involve ransomware.

The emergence of ransomware is simple to explain. It can be obtained free or easily made. It has a high success rate and generate

On September 7, big-three credit reporting company Equifax reported that hackers gained access to the personal information of about 143 million U.S. consumers. This scandal will be bigger than the Wells Fargo, BP, Chipotle, Volkswagen and Bernie Madoff scandals combined.

The Equifax breach is unprecedented in both quantity and quality. It is second to none in terms of how many Social Security numbers were compromised, dwarfing all preceding attacks 10 to 1. But more importantly, this attack is un

A strong education prepares students to succeed in their chosen careers; but education, training, and employment pathways are changing. Individuals take multiple paths into the workforce. Some get jobs after completing high school; some after earning a college degree. Others leave the workforce to go back to school, while still others enroll in education or skills training while working.

One-fourth of adults in the United States have nondegree credential

s, such as an information technology certif

Here is the essence of a conversation I had with a senior leader in a large publicly listed company:-

Self%20Insurer%202013.pdf
My company offers a system developed by Johns Hopkins Hospital doctors, which saves 54% on workers compensation costs just like Johns Hopkins Hospital did. You would realize comparable savings on other types of personal injury cases. I have attached an article from the Self Insurer, written by Dick Goff, the past president of the Self Insurance Institute of America which provides this information.

My colleagues and I at Johns Hopkins Hospital published research showing t

It has been my pleasure to work with William G. Ferrell, CIO of Ferrell Capital Management to produce a new online course "From Asset Allocation to Risk Allocation".  This course provides valuable insights into a new paradigm for managing investments - based on dynamically monitoring statistics related to Risk, rather than simply creating a diversified portfolio and hoping for the best.  Bill uses the analogy that this is like using Doppler Radar rather than the Farmer's Almanac to predict the w

If you haven’t yet heard, Equifax, one of the three major credit bureaus in the United States, has been hacked. What does this mean for you? It means that your Social Security number, and possibly even your driver’s license information, could be in the hands of hackers. Some are already calling this the worst breach of data in history.

How Did This Happen?

On September 7^th, Equifax announced that a security breach occurred that could impact as many as 143 million people. Though this isn’t the larg

When you are buying a house there are taxes that you need to pay when you get the possession of the house. But there are ways where you can save on these taxes. One of the ways you can save these taxes is when you invest in an under construction house. Under the section 80C of the Indian income tax code, we do not have to pay taxes for a property when it is under construction.

Here are a few conditions where the tax deductions are not applicable:

1. If you have any property that is under construction

Watch the Module 1 of our brand new course Mastering Credit Ratings: The Ultimate Guide to Becoming an expert (in 5 hours) which is available for a complimentary preview.

In this module we discuss the classification of rating systems, the architecture of internal rating systems including operating design and uses of internal risk grades.

To study the Module 1 of the course, just scroll down to the Curriculum section and click on the Preview button next to the Module 1 via the link below.

Mast

You know that old saying,“If something’s worth doing it’s worth doing well”? Why don’t we apply the same sage advice in business? While being world’s best would be fantastic, I am not talking about that. Just doing stuff well is all I am asking.

My Blog last week gave you the stat that 74% of respondents to a Knowledge@Wharton survey believed that business process and decision-making complexity have inhibited their business’ ability to meet goals. And you know what one of the worst sources of com

I have frequently talked about resilience as being one of the benefits of a great strategy and sound risk management. For example, here is a paper I wrote about selling resilience. When I mention resilience to a large organisation I start with this question:

“What makes a small business resilient?”

And the answer is “its agility”. The ability to move faster than the giant sloths with stellar balance sheets.

These days in the new world of industry disrupters, I have no problem giving my audience a r

CYBERSECURITY: A QUICK SUMMARY OF RECENT TRENDS & DEVELOPMENTS THAT BUSINESSES AND LAW FIRMS SHOULD KNOW

In less than 10 months, the General Data Protection Regulation (GDPR), the most important change in data privacy in 20 years, will take effect on May 25, 2018. The GDPR is a regulation by which the European Parliament, the Council of the European Union and the European Commission intend to strengthen and standardize personal data protection.

The new regulation will replace the current data protection directive of 1995, and is truly democratizing data privacy. Its objectives are to give European c

Recently I read Essence of Decision – Explaining the Cuban Missile Crisis by Graham Allison and Philip Zelikow. I won’t tell a fib and say it is an easy read. Bits of it are. The sections recalling the historical facts and some of the conjecture about the decisions being made by the historical figures were most enjoyable. The theory of decision making was a hard slog.

The book did two favours for me. First it reminded me why I developed the MCI Decision Model and went on to write my first book DE